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MDD Resolution No. 324RESOLUTION NO. 324 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT MAKING A CHANGE IN THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT'S FISCAL YEAR 2017-2018 BUDGET IN ORDER TO REPROGRAM FUNDS FOR THE JENKINS PARK TEXAS PARKS AND WILDLIFE DEPARTMENT GRANT PROJECT; MAKING OTHER PROVISIONS RELATED THERETO; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. ****************************************************************************** BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT: Section 1: That the Board of Directors of the Baytown Municipal Development District hereby makes changes in the Baytown Municipal Development District's Fiscal Year 2017-2018 Budget to reprogram funds for the Jenkins Park Texas Parks and Wildlife Department Grant Project, as more particularly described in Exhibit "A," which is attached hereto and incorporated herein for all intents and purposes. Section 2: This resolution shall take effect immediately from and after its passage by the Board of Directors of the Baytown Municipal Development District. INTRODUCED, READ and PASSED by the affirmative ote of the Board of Directors of the Baytown Municipal Development District, this the 18th d ojJanuary, 2018. STEPHEN H. DONCARLOS, A LETICIA BRYSCH, Wistant Secretary APPROVED AS TO FORM: 4we-'It'D �P4 j9NACIO RAMIREZ, . General Counsel .cobfs0l\legaf Karen\Files,City CounciMunicipal Development District•.Resolutions\2018Vanuary\RepmgmmmingFunds4MDD.doc FISCAL YEAR FUND DIVISION CONTROL NUMBER, TRANSFER FROM: CURRENT ADJUSTED ACCOUNT BUDGET AVAILABLE TRANSFER BUDGET NAME AMOUNT BALANCE AMOUNT j AMOUNT Contingencies 611,400.00 611,400.00 (50,000.00) 561,400.00 "EXHIBIT No BUDGET APPROPRIATION TRANSFER 10/1/17 thru 9/30/18 DATE: 1/18/2018 Period 4 215 -MUNICIPAL DEV. DIST. FUND 21505 Include in End of Year Budget Amendment 8 Transfers Out - Journal Entry DIVISION I ACCOUNT NUMBER NUMBER 21510 99001 TRANSFER TO: 21505 85001 Construction 1,021,500.00 417,919.82 50,000.00 1,071,500.00 EXPLANATION: NOTE: ALL Budget Transfers must provide the following explanations. 1. Explain why there will be savings in the account transferring "From." 2. Explain the reason for the transfer. Will fund an additional $50,000 for Jenkins Park improvements Requested y: ate Director of k1nance Date Audited y: Date City Manager eputy City Manager/Asst. City Manager Date (If applicable) Entered y: Date